Woodfield Commons — Lease in Schaumburg, IL

  • Price: Contact for price
  • Listing type: For lease
  • Asset type: Retail Business
  • Location: Schaumburg, IL 60173

Photos

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Description

SMALL SHOP SPACE AVAILABLE DOMINANT CENTER−208,148 SF + Hobby Lobby, Ross, Half Price Books, Discovery Clothing, Men’s Wearhouse, Joong Boo Market SUPER REGIONAL SHOPPING CORRIDOR + Nearby Woodfield Mall + Largest shopping center in the state + Located in the Middle of Golf Road Corridor + 42,000 VPD Traffic EASY ACCESS + Signalized Access on Golf Road + Connection Points to Numerous Surrounding Shopping Centers GREAT VISIBILITY + 2,000 Feet of Frontage along Golf Road + Substantial Pylon Signage EXCELLENT DEMOGRAPHICS + Over 85,000 Residents in 3 Miles + 128,000 Daytime Population in 3 Miles

Market Context

This retail in Schaumburg, IL is listed for lease. Compare it against other retail listings for lease in Schaumburg, IL — view the full market.

As of Q4 2025, the Chicago retail market showed a 5.1% vacancy rate, average asking rents near $19.00/SF/yr, rents up 2.4% year over year, and cap rates around 7.9%. Source: multiple brokerage reports, Q4 2025.

Rising rents point to a competitive market where well-priced, well-located space leases quickly.

Retail market FAQ

What is the typical cap rate for retail in Chicago?
About 7.9% as of Q4 2025, per multiple brokerage reports.
Is the Chicago retail market tightening or softening?
Vacancy is around 5.1%, with asking rents rising year over year (Q4 2025).

Estimated Market Rate

$1.54/SF/mo – $2.08/SF/mo

Mid: $1.82/SF/mo

Based on comparable properties in similar markets rather than local sales.

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